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Stride Property (NZSE:SPG) Cyclically Adjusted Price-to-FCF : 11.70 (As of Jul. 05, 2025)


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What is Stride Property Cyclically Adjusted Price-to-FCF?

As of today (2025-07-05), Stride Property's current share price is NZ$1.17. Stride Property's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 was NZ$0.10. Stride Property's Cyclically Adjusted Price-to-FCF for today is 11.70.

The historical rank and industry rank for Stride Property's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NZSE:SPG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.45   Med: 14.3   Max: 27
Current: 11.37

During the past 13 years, Stride Property's highest Cyclically Adjusted Price-to-FCF was 27.00. The lowest was 10.45. And the median was 14.30.

NZSE:SPG's Cyclically Adjusted Price-to-FCF is ranked better than
51.58% of 696 companies
in the Real Estate industry
Industry Median: 11.925 vs NZSE:SPG: 11.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Stride Property's adjusted free cash flow per share data of for the fiscal year that ended in Mar25 was NZ$0.070. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NZ$0.10 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stride Property Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Stride Property's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stride Property Cyclically Adjusted Price-to-FCF Chart

Stride Property Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.89 18.98 12.35 12.75 11.17

Stride Property Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.35 - 12.75 - 11.17

Competitive Comparison of Stride Property's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Stride Property's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stride Property's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stride Property's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Stride Property's Cyclically Adjusted Price-to-FCF falls into.


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Stride Property Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Stride Property's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.17/0.10
=11.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stride Property's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Stride Property's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.07/132.7975*132.7975
=0.070

Current CPI (Mar25) = 132.7975.

Stride Property Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.121 100.063 0.161
201703 0.095 102.231 0.123
201803 0.104 103.355 0.134
201903 0.088 104.889 0.111
202003 0.079 107.547 0.098
202103 0.055 109.182 0.067
202203 0.073 116.747 0.083
202303 0.074 124.517 0.079
202403 0.084 129.526 0.086
202503 0.070 132.798 0.070

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Stride Property  (NZSE:SPG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Stride Property Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Stride Property's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Stride Property Business Description

Industry
Traded in Other Exchanges
N/A
Address
34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010
Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.